Shelly Borota
- Buy
- Sell
https://www.ruhlmortgage.com/BlakeEller.html
Description
PRIME FOX LAKE INVESTMENT OPPORTUNITY - HIGH UPSIDE & MAJOR CAPITAL UPGRADES COMPLETE! Positioned directly in the heart of Fox Lake with serene water views and convenient lake access, 74 Cathryn St presents an incredible opportunity for savvy investors, project-driven buyers, or short-term rental operators looking to add value in a high-demand resort location. BRAND-NEW TEAR OFF ROOF COMPLETED THIS YEAR: The heaviest capital expenditure is already taken care of with a brand-new, full tear-off roof replacement, protecting your bottom line from day one. NEWER AC SYSTEM: Replaced central air compressor unit within the last 5 years reduces initial repair overhead and keeps mechanicals solid. UNBEATABLE LOCATION & ACCESS: Clear lake views and swimming and recreation at nearby Lakefront Park within walking distance deliver a major selling point for future tenants, buyers, or vacation guests. MASSIVE EQUITY & VALUE-ADD POTENTIAL: Bring your toolbox or contractor team to update the interior finishes. The functional layout provides a solid canvas to execute a high-ROI rehab, create a lucrative long-term rental (permit required for short term rentals), or design an attractive vacation getaway on the Chain. Whether you're looking to flip, buy-and-hold, or build sweat equity in a waterfront community, major work including the roof and driveway is already done-now it's ready for your vision. Property is being sold AS-IS. CASH OR REHAB FINANCING ONLY.
Property Highlights
Property Type: Residential - Single Family
Total Living Area SF: 1,456
Walkout Basement
Built in 1945
Elementary School: Lotus School
High School: Grant Community High School
Middle School: Stanton School
General Information
Bedrooms: 3
Bathrooms: 2
Sqft: 1,456
County: Lake
High School: Grant Community High School
Listed By:
1 Percent Lists Homegrown Realty
630-796-4086
MRED MLS
MLS ID: 12735706
Room Information
Bar/Entertainment: 13X9
Bedroom 2: 12X11
Bedroom 3: 11X9
Dining Room: 13X11
Kitchen: 12X11
Laundry: 10X8
Living Room: 12X24
Primary Bedroom: 20X11
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74 Cathryn Street, Fox Lake, IL 60020.
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563-441-1862
toll free 866-441-1862
Customize Your Rate
| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $200,000 | $200,000 | $200,000 |
| Down Payment | $40,000 | $7,000 | $50,000 |
| Monthly Mortgage Amount | $1,011 | $1,241 | $1,256 |
| Taxes | $278 | $278 | $278 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $88 | $0 |
| Monthly Estimated Total | $1,389 | $1,707 | $1,634 |
Shelly Borota
REALTOR®
Cell: (563) 357-8243
Licensed in IA
DeWitt Office
903 Sixth Avenue
DeWitt, IA 52742
(563) 659-9433
DeWitt, IA 52742
(563) 659-9433
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